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An AWOLL Commentary (An AmericaOnCoffee original post)
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When growing up, it was a historical fact that in 1803, the U. S. bought Louisiana from France for approximarely a $1.50. And being concise, It would be more correct to say, the purchase was no more than $5.00. Absurd? Not really.
In the beginning of commercial banking, and before their dawn, American families traditionally, saved up coins in a piggy bank.
(Stock) As we all know piggy banks have died.
The reality here is that money is a game changer.
(Stock) If you cannot by a single item with a coin, what is the purpose of a coin? More and more pennies and other coins are simply thrown away.
In our world today and the U.S.A. , inflation reigns out-of-control. The implimentation of the credit card only proved that money is marginal and with a backhand of leniency and greed, such usages only result in a deep and darker contagion of inflation.
Looking back at the game changing of money, we must observe the declining value of GOLD. And too, there is a continual decline in values on technology due to competitive advancements. Within the U.S.A.’s economic battles, gas and real estate are the most steadfast. Nonetheless, today’s moderate consumers have no vision and are not fighting against the perponderance of economic evils; complacency runs through their blood.
We’ve all heard the term you “rob Peter to pay Paul”. Basically the U.S. economy and the economies of the world are caught up in this same concept. EXAMPLES are: tax increases to compensate many living increases (food, conveniences and a variety of living expenses). Pay raises are given intermittently are a compromise for the escalation of costs. Sadly, there are no endings to tax increases, cost of living and pay raises. To add to the cost hikes, everybody wants to be a millionaire or billionaire.
HELLO ABUSERS OF POWER
Dear Bankers and Elitists,
Where do we go from here? Grab all the money up and there are money piles. If money is not in circulation, it has no value.
… Monetary values die hard!